BNB price analysis (Bullish) — 931.70 USDT (+0.79% 24h)

BNB is showing resilience in today’s trading session, currently holding at $931.70 with a modest 0.79% gain over the past 24 hours. The token is trading slightly above its 20-day SMA of $924.77 but remains near its 50-day SMA of $930.99, indicating potential consolidation around these key moving averages. With an RSI of 55.79, BNB sits in neutral territory with room for upward momentum before reaching overbought conditions. The 24-hour trading volume of $333 million demonstrates healthy market participation, while the 3% volatility reading suggests relatively stable price action compared to typical crypto assets. Traders should watch for a decisive break above the $935-940 resistance zone, which could trigger further upside toward the $950-960 range. Support remains firm around the $920-925 level, where buyers have consistently stepped in. Given the technical setup, consider scaling into long positions on dips toward support with tight stop-losses below $915.